An increase in the State pension and other welfare payments will likely be included in the upcoming budget.
Ministers are meeting at the moment to approve the Summer Economic Statement outlining more than two billion euro in additional spending.
They're also likely to bring forward the date of the budget to the end of September.
Taoiseach Micheál Martin has said they're trying to strike a balance between increasing spending while not chasing inflation:
"We do have to think of 2023 and beyond that to make sure that we have sustainability in our public finances. I think it's very fair question you've asked from that perspective, and also to see what we can do for the remainder of 2022, because we are conscious that people are under a lot of pressure now."
